1263 27th Street, RIVIERA BEACH, FL 33404
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Priced at Only: $274,000
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Address: 1263 27th Street, RIVIERA BEACH, FL 33404
Property Location and Similar Properties
- MLS#: TB8376729 ( Residential )
- Street Address: 1263 27th Street
- Viewed: 1
- Price: $274,000
- Price sqft: $201
- Waterfront: No
- Year Built: 1968
- Bldg sqft: 1360
- Bedrooms: 3
- Total Baths: 1
- Full Baths: 1
- Garage / Parking Spaces: 1
- Days On Market: 23
- Additional Information
- Geolocation: 26.7847 / -80.0757
- County: PALM BEACH
- City: RIVIERA BEACH
- Zipcode: 33404
- Subdivision: Monroe Heights
- Provided by: RICHARD PETERS REALTY LLC
- Contact: Alexander Izikson
- 352-448-9712
- DMCA Notice
-
DescriptionIncredibly rare nearly turnkey CBS constructed home in one of the most rapidly appreciating pockets of Palm Beach County. The owners early retirement offers you the unique opportunity to secure this well maintained residence at an unheard of price in this market. Some light TLC may be needed, but absolutely no major issues with huge built in upside. So what makes this place so special? 1) Priced as a 2 bed. Currently configured as a 2/1, but county records reflect a 3/1 layout. Easily convertible back to a 3 bedroom for instant value add and increased resale or rental income. 2) Attached 1 car garage with dedicated laundry area. 3) Impact windows and doors throughout, providing energy efficiency and storm readiness. 4) Large private fenced in yard, ideal for pets, outdoor entertaining, or simply enjoying your own slice of Florida sunshine. 5) Lowest price per sq ft in the area: unmatched value with major equity potential baked in. 6) Fantastic location close to shopping and entertainment, and only 10 minutes to the beach. This property offers the best of both worlds: a solid structure with immediate livability and clear paths to increased equity. Whether you're an investor looking for a quick turnaround / rental income or a future homeowner wanting to create custom value, this one checks all the boxes. Investor notes: LTR: 1,400 /mo current (lease ending in May), 2,200 /mo potential w/o updates, 2,500 /mo if converted back to a 3 bed. Very little nearby competition. STR: 40k gross /yr, at only half year occupancy. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is NOT ON MY MLS, please reach out to the listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Garden
- Flooring: Carpet, Tile, Vinyl
- Living Area: 1048.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 1.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air, Wall/Window Unit(s)
- Heating: Electric
- Sewer: Public Sewer
- Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
- Country: US
- Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor
- Legal Description: MONROE HEIGHTS ADD NO 1 W 2.5 FT OF LOT 12 & LOT 13 BLK 27
- Levels: One
- Area Major: 33404 - West Palm Beach
- Occupant Type: Tenant
- Parcel Number: 56-43-42-29-15-027-0121
- Zoning Code: RS8
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